Velbak OÜ
Registry code 12361223 · Active (R Registrisse kantud)
Velbak OÜ is an osaühing registered in Valga vald, Estonia, incorporated on 12 Oct 2012. Its registered activity is muu ehitiste viimistlus ja lõpetamine. Its latest published accounts for the period ending 31 Dec 2023 show equity of €17k, total assets of €17k, turnover of €225, a result of −€59. It has filed 5 sets of accounts, 5 of them after the deadline. Our model estimates a 0.01 % probability that it becomes insolvent within 12 months, 0.2 times the average for active companies (low risk).
Insolvency risk, next 12 months
Higher than 65 % of active companies in Estonia. 0.2× the average annual insolvency rate (0.04 %).
Raises the risk
Lowers the risk
Each factor compares companies in the same group (for example the same age band) with the average. The score is a statistical estimate from public data (model AUC 0.96, trained 6 Nov 2026), not a credit rating. How it works.
Company details
- Registry code
- 12361223 · official register
- Status
- R Registrisse kantud
- Legal form
- Osaühing
- Incorporated
- 12 Oct 2012 (14 years)
- Registered address
- 68012 Valga vald
- County
- Valga County
- Activity
- 43391 Muu ehitiste viimistlus ja lõpetamine
- Industry
- Specialised construction activities
- Accounts overdue
- Yes
Insolvency and register events
No insolvency or liquidation events on record.
Annual accounts EUR
| Period end | Published | Turnover | Result | Equity | Total assets | Current liabilities | Cash | Employees |
|---|---|---|---|---|---|---|---|---|
| 31 Dec 2023 | 12 Aug 2024 | €225 | −€59 | €17k | €17k | – | – | 0 |
| 31 Dec 2022 | 22 Dec 2023 | €775 | €749 | €17k | €17k | – | – | 0 |
| 31 Dec 2021 | 19 Dec 2023 | €1,079 | €170 | €16k | €16k | – | – | 0 |
| 31 Dec 2020 | 13 Dec 2023 | €383 | €259 | €16k | €16k | – | – | 0 |
| 31 Dec 2019 | 6 Jan 2021 | €985 | €1,346 | €16k | €16k | €0 | – | 0 |
As published. Small companies often file a balance sheet only, so turnover and result can be missing.
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Questions about Velbak OÜ
What is the registry code of Velbak OÜ?
Velbak OÜ is registered under registry code 12361223 in the official register of Estonia. View it at the official register.
Is Velbak OÜ still active?
Yes. Velbak OÜ is registered as active (status: R Registrisse kantud).
Has Velbak OÜ gone bankrupt or into insolvency?
No insolvency, bankruptcy or administration is recorded for Velbak OÜ in the official data.
How likely is Velbak OÜ to become insolvent?
Our model estimates a 0.01 % probability that Velbak OÜ becomes insolvent within the next 12 months (low risk). That is higher than 65 % of active companies in Estonia.
When was Velbak OÜ founded?
Velbak OÜ was incorporated on 12 Oct 2012.
Where is Velbak OÜ registered?
Velbak OÜ's registered address is in 68012 Valga vald (Valga County), Estonia.
What do the latest accounts of Velbak OÜ show?
The latest published accounts (period ending 31 Dec 2023) show equity of €17k, total assets of €17k, turnover of €225, a result of −€59, 0 employees.
Data: e-Business Register (Centre of Registers and Information Systems, RIK) – open data (CC BY 4.0). Last updated 6 Nov 2026.